secwatch.observer — SEC 8-K summary
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Issuer:     PROGRESSIVE CORP/OH/ (PGR)
CIK:        0000080661
Form:       8-K
Filed at:   2026-03-26T23:59:59+00:00
Accession:  0001193125-26-125238
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Progressive issues $1.5B senior notes at 4.60% (2031) and 5.15% (2036)
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- $500M of 4.60% Senior Notes due 2031 and $1B of 5.15% Senior Notes due 2036 issued.
- Net proceeds estimated at $1.487B after underwriting discounts and expenses.
- Closing expected March 26, 2026; interest payable semi-annually starting Sep 26, 2026.
- Goldman Sachs & Co. LLC and TD Securities (USA) LLC lead underwriting syndicate.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/80661/000119312526125238/0001193125-26-125238-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/80661/000119312526125238/d47915d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-125238

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer